Monday, August 25, 2014

Nokia Completes SAC Wireless Acquisition

Nokia Networks completed its previously announced acquisition SAC Wireless, a provider of infrastructure and network deployment solutions based in Schaumburg, Illinois.

This acquisition builds upon Nokia Networks’ existing network implementation service capabilities and is expected to increase its market share in this space. SAC Wireless will operate as a wholly-owned subsidiary of Nokia.

“We’re seeing a trend in which operators are moving away from sub-contracting their network implementation services and opting instead for a direct service provider or ‘self-perform’ model,” said Ricky Corker, executive vice president of North America for Nokia Networks. “SAC Wireless does this very well. With a national footprint and a proven track record of working with major telecom operators, SAC Wireless’ capabilities complement our own in-house expertise. We believe this will enable us to build an even stronger foundation for our U.S. services business and address a market opportunity to bring increased end-to-end efficiency to our customers.”

http://www.nsn.com

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